British Airways to freeze pay, cancel staff bonuses National Edition
Other cost-cutting measures include the cancellation of a dividend for the six months ended Sept. 30 and probably of a final dividend, as well as attempts to delay delivery of as many as 43 Airbus SAS planes worth as much as US$2-billion. British Airways is also merging its two U.K. regional carrier...
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| Published in | National post (Toronto) |
|---|---|
| Main Author | |
| Format | Newspaper Article |
| Language | English |
| Published |
Don Mills, Ont
Postmedia Network Inc
11.10.2001
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| Subjects | |
| Online Access | Get full text |
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| Abstract | Other cost-cutting measures include the cancellation of a dividend for the six months ended Sept. 30 and probably of a final dividend, as well as attempts to delay delivery of as many as 43 Airbus SAS planes worth as much as US$2-billion. British Airways is also merging its two U.K. regional carriers, with the loss of 200 jobs. The GMB, BA's second-largest union with 4,000 members, rejected the salary plan and said it may take industrial action. It wants British Airways to seek a "bailout package" from the U.K. government. |
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| AbstractList | Other cost-cutting measures include the cancellation of a dividend for the six months ended Sept. 30 and probably of a final dividend, as well as attempts to delay delivery of as many as 43 Airbus SAS planes worth as much as US$2-billion. British Airways is also merging its two U.K. regional carriers, with the loss of 200 jobs. The GMB, BA's second-largest union with 4,000 members, rejected the salary plan and said it may take industrial action. It wants British Airways to seek a "bailout package" from the U.K. government. |
| Author | Julia Kollewe and Chris Jasper |
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| Snippet | Other cost-cutting measures include the cancellation of a dividend for the six months ended Sept. 30 and probably of a final dividend, as well as attempts to... |
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| Title | British Airways to freeze pay, cancel staff bonuses |
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